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GBP/USD Price Analysis: Dollar Rebounds After CPI-led Plummet
Data showed that US import prices jumped 0.9% last month. Fed policymakers have maintained a cautious stance since the inflation report. Data revealed a smaller-than-expected drop in unemployment claims. The GBP/USD price analysis on Friday is slightly bullish as the dollar recovers after signs that inflation remains a concern. However, the general market sentiment showed...
EUR/USD Outlook: Euro Heads for Best Week in Over 2 Months
The euro has had a good run amid signs that the US economy is slowing down and inflation is easing. Data showed that US manufacturing output unexpectedly fell in April. ECB’s Schnabel emphasized caution after June as the outlook remains uncertain. The EUR/USD outlook leans slightly bearish as the euro experiences a pullback following its...
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Will the prices go up or down in 2021? Opinion and Analysis by Crypto Experts
